New England Patriots Players/Roster Salaries and Contracts 2015: The New England Patriots are the Super Bowl Champions, a team that has won five Super Bowls since 2001. Maintaining such a team while keeping in mind the salary cap is a huge task. The Patriots’ schedule, along with their State Run Media followers, has recently led people to believe that they might actually be on the verge of insolvency. Yet, the entire situation is quite sceptical. Having used about 82% of their salary cap last season, they do have a cap space of $16 million approx to save them from insolvency.
As on October 1, the New England Patriots had $120 million in commitments to 57 of their players. The NFL salary cap has been set up to $143 million this year by the NFLPA. Apart from this, the Patriots do have a carryover cap amount of $6 million. But, it’s likely to be earned as incentives from adjustments that had amounted to a negative $4.5 million, further reducing its cap space. Major sponsors this season for the Patriots at the Gillette stadium are Gillette, Bank of America, EMC, Anheuser-Busch, PepsiCo and Verizon.
It is theorized that the Patriots have benefited majorly from Aaron Hernandez’s grievances settlement. The patriots received a credit of $1.184 million for the grievance settlement as an incentive. This helps in increasing the gap in the salary cap amount.
Another key aspect is the renewal of Rob Gronkowski’s contract of $56 million over the next four years. They guaranteed Gronkowski’s $4.75 million salary and $250,000 off-season workout bonus in February. Gronkowski is one of the highest paid players of the New England Patriots.